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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: TATRADER who wrote (33785)12/3/2002 5:49:27 PM
From: Dale Baker  Read Replies (3) of 59879
 
We are still controlled by the Central banks....A big event is needed, one that ends the derivative fiasco, that has been going on too long....Could it be the U.S. attack on Iraq, could it be a U.S. dollar that tanks, could it be disruptions in oil supplies, could it be a spectacular event in U.S......One of the above events is going to happen, sooner rather than later...I'll stick in cash,CDE, and AIRN until then.....


So you are a TA-focused trader relying on speculative cataclysmic fundamental events while all your TA views are telling you that precious metals aren't following the expected fundamental script.

What's wrong with this picture? Is it better to play what you think SHOULD happen eventually instead of what you see unfolding before you? Why didn't JPM implode at 16 as projected? What if the derivative bomb has no fuse?

None of the projected events HAS to happen...it's just another bet in the casino.

(From a curious lurker - curious that a passionate FA theory has overridden your TA judgment)
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